Zacks Research Issues Positive Outlook for Nucor Earnings

Nucor Corporation (NYSE:NUE) – Stock analysts at Zacks Research boosted their Q4 2025 EPS estimates for shares of Nucor in a note issued to investors on Friday, September 26th. Zacks Research analyst Team now expects that the basic materials company will earn $2.04 per share for the quarter, up from their prior forecast of $1.96. The consensus estimate for Nucor’s current full-year earnings is $7.64 per share.

A number of other equities research analysts have also recently issued reports on NUE. Jefferies Financial Group raised shares of Nucor from a “hold” rating to a “buy” rating and upped their target price for the company from $135.00 to $170.00 in a report on Thursday, July 31st. The Goldman Sachs Group lowered their price target on Nucor from $182.00 to $173.00 and set a “buy” rating on the stock in a research report on Monday, September 22nd. Bank of America raised their price objective on Nucor from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Wells Fargo & Company reduced their target price on Nucor from $146.00 to $140.00 and set an “equal weight” rating for the company in a research note on Thursday, September 18th. Finally, Morgan Stanley increased their price target on Nucor from $134.00 to $149.00 and gave the company an “overweight” rating in a research note on Friday, June 20th. Eight equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Nucor currently has a consensus rating of “Moderate Buy” and a consensus price target of $156.60.

Nucor Stock Performance

Shares of NUE stock opened at $135.43 on Monday. The company has a fifty day moving average price of $142.24 and a two-hundred day moving average price of $128.84. Nucor has a one year low of $97.59 and a one year high of $170.52. The stock has a market cap of $31.09 billion, a P/E ratio of 24.45, a P/E/G ratio of 0.94 and a beta of 1.76. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.83 and a quick ratio of 1.51.

Nucor (NYSE:NUE) last released its earnings results on Monday, July 28th. The basic materials company reported $2.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.54 by $0.06. Nucor had a return on equity of 6.65% and a net margin of 4.21%.The business had revenue of $8.46 billion for the quarter, compared to the consensus estimate of $8.47 billion. During the same quarter in the previous year, the business earned $2.68 earnings per share. Nucor’s quarterly revenue was up 4.7% on a year-over-year basis.

Nucor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, November 10th. Investors of record on Tuesday, September 30th will be issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 30th. Nucor’s dividend payout ratio (DPR) is presently 39.71%.

Insider Transactions at Nucor

In other news, insider Michael D. Keller sold 6,088 shares of Nucor stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $148.41, for a total transaction of $903,520.08. Following the completion of the sale, the insider owned 22,464 shares of the company’s stock, valued at approximately $3,333,882.24. This trade represents a 21.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Daniel R. Needham sold 7,200 shares of the business’s stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $146.00, for a total transaction of $1,051,200.00. Following the completion of the sale, the executive vice president directly owned 92,179 shares of the company’s stock, valued at approximately $13,458,134. The trade was a 7.24% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 31,309 shares of company stock valued at $4,553,771. Company insiders own 0.71% of the company’s stock.

Institutional Trading of Nucor

Institutional investors have recently bought and sold shares of the business. TradeWell Securities LLC. grew its position in shares of Nucor by 219.5% during the 2nd quarter. TradeWell Securities LLC. now owns 19,936 shares of the basic materials company’s stock worth $2,583,000 after purchasing an additional 13,697 shares in the last quarter. Caldwell Trust Co bought a new stake in shares of Nucor in the second quarter valued at approximately $659,000. Valeo Financial Advisors LLC grew its position in Nucor by 75.9% during the second quarter. Valeo Financial Advisors LLC now owns 6,539 shares of the basic materials company’s stock worth $847,000 after buying an additional 2,822 shares in the last quarter. L1 Capital Pty Ltd bought a new position in Nucor during the 2nd quarter worth $658,000. Finally, V. M. Manning & CO. Inc. bought a new position in Nucor during the 2nd quarter worth $2,025,000. Institutional investors own 76.48% of the company’s stock.

About Nucor

Nucor Corporation engages in manufacture and sale of steel and steel products. It operates in three segments: steel mills, steel products, and raw materials. The Steel Mills segment produces hot-rolled, cold-rolled, and galvanized sheet steel products; plate steel products; wide-flange beams, beam blanks, and H-piling and sheet piling structural steel products; bar steel products, such as blooms, billets, concrete reinforcing and merchant bars, and engineered special bar quality products; and engages in the steel trading and rebar distribution businesses.